Hundreds March from Governor Residence, Urge Chase Bank Defund Line 3
St. Paul, MN – On August 16, hundreds of water protectors gathered in front of the Minnesota Governor’s Residence demanding Gov. Walz put a stop to construction on Enbridge’s new Line 3 tar sands oil pipeline that’s nearing completion in Northern Minnesota. The action then marched to Chase Bank, the largest financier of fossil fuel extraction projects in the world, to urge the bank stop to funding Line 3.
“They are saying that money, and they are saying that profit is more important than the well being of people and mother earth.“
Atquetzali Quiroz
Activists in opposition to Line 3 converged on Chase Bank on Grand Ave. and Oxford St. One of the organizers urged protesters to call Jamie Dimon, CEO of JPMorgan Chase, to demand that they de-fund the Line 3 oil pipeline project. It is at a critical point because the pipeline is almost finished.
Banks and investment firms that are funding the Line 3 pipeline include: BlackRock, JPMorgan Chase, Liberty Mutual, and Wells Fargo. JPMorgan Chase provided $1.5 billion in “sustainability” loans to Enbridge. Sustainability linked loans are any types of loan instruments and/or contingent facilities (such as bonding lines, guarantee lines or letters of credit) which incentivize the borrower’s achievement of ambitious, predetermined sustainability performance objectives.
So in other words, Enbridge uses electric vehicles and solar power to build their pipelines, but ignore the environmental impact the oil pipeline brings since there is no incentive for them.
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- Minnesota Attorney General Keith Ellison Speech Disrupted by Water Protectors - October 8, 2021
- Over 50 Line 3 Pipeline Protesters Arrested Outside MN Governor’s Residence - September 22, 2021
- Police Break Up Ceremony and Indigenous-Led #StopLine3 Occupation - August 31, 2021
- Hundreds March from Governor Residence, Urge Chase Bank Defund Line 3 - August 31, 2021
- First Trial from Treaty People Gathering Ends in Acquittal - August 23, 2021
- Line 3 Opponent Sentenced to Thirty Days in Jail - August 19, 2021
- Enbridge Spills 10,000 Gallons of Line 3 Drilling Fluid - August 16, 2021
- Line 3 Fusion Center Data Declared Secret - August 4, 2021
- Judge Orders Sheriff to Halt Harassment of Line 3 Resistance Camp - July 24, 2021
- Water Protectors Occupy Work Sites and Lock Down to Line 3 Pipeline Construction - July 1, 2021
- Hubbard County Barricades Private Property, Imprisons Water Protectors - June 28, 2021
- Indigenous-Led Blockades Occupy Line 3 Pipeline Sites - June 10, 2021
- Rising Up to the Heat: ‘Treaty People Gathering’ Resists Line 3 Pipeline - June 7, 2021
- Activists Serve Denver Wells Fargo Eviction Notice - May 3, 2021
- Appealing Line 3 Pipeline: Supply and Demand at Root of Hearing - March 23, 2021
- Caravan Disrupts Line 3 Construction Routes, Carlton County Triggers Backlash - March 13, 2021
- Treaty Rights Asserted During Creation of White Earth Camp - March 13, 2021
- 70 Water Protectors Cited, 1 Arrested During Line 3 Commemorative Rally - March 4, 2021
- Bipod and Car Blockade Jam Up Line 3 Construction - March 2, 2021
- Three Lock Down Inside Line 3 Pipeline For 6+ Hours - Feb. 21, 2021
- Lockdown to Keep it in the Ground: Line 3 Resistance - Feb. 15, 2021
- Court of Appeals Denies Motion to Stop Line 3 - Feb. 3, 2021
- Opposition to Line 3 Mounts - Jan. 29, 2021
- Resistance to Line 3: Direct Actions Aim to Stop Construction - Jan. 11, 2021
- Enbridge Line 3 Construction Blocked by Activists in Northern Minnesota - Nov. 18, 2020
- Protests After Permits for Line 3 Oil Pipeline Approved - Nov. 17, 2020
- ‘No KKKops, No Pipelines’ Banner Dropped in Minneapolis - Oct. 6, 2020
- “Divest from Climate Change!” Chase Bank Branch Protested on Opening Day - Nov. 7, 2019
- March to Protect The Sacred on Indigenous People’s Day 2019 - Oct. 14, 2019
- Hundreds Rally in Opposition to Line 3 Tar Sands Pipeline in Minnesota - Sept. 28, 2019
- Direct Action in Minnesota as Line 3 Pipeline Approval Reversed - June 3, 2019
- Multi-Agency Task Force Prepares “Rules of Engagement” For Line 3 Protests - Feb. 11, 2019
- ‘Valve Turners’ Shut Down Enbridge Oil Pipelines in Minnesota - Feb. 4, 2019
- Arts, Culture, and Hip Hop Resist Line 3 as Lawsuits Against Approval Continue - Dec. 29, 2018
- Minnesota Police Train at Military Base as Line 3 Pipeline Protests Escalate - Oct. 25, 2018
- Judge Accepts Water Protectors’ Climate Change Necessity Defense - July 18, 2018
- Line 3 Oil Pipeline Approved By Minnesota Regulators - June 28, 2018
- As Line 3 Oil Pipeline Decision Looms, Indigenous Resistance Increases - June 26, 2018
- Interfaith Community Delivers Letter of Line 3 Opposition to Minnesota Government Offices - June 4, 2018
- Minnesota Public Utilities Commission Requests Line 3 Schedule Change - Jan. 10, 2018
- Rally Against Line 3 Minnesota Pipe Yards - Dec. 11, 2017
- Resistance to Line 3 Pipeline Seeks to Save Sacred Manoomin - Oct. 9, 2017
- Direct Action Ramps Up Resistance to Line 3 - Sept. 18, 2017
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